Reversion Date definition

Reversion Date has the meaning assigned to such term in Section 4.19.

Reversion Date has the meaning assigned to in Section 3.22(e).

Reversion Date means the date on which one or both of the Rating Agencies withdraw their Investment Grade Rating or downgrade the rating assigned to the Notes below an Investment Grade Rating.

Examples of Reversion Date in a sentence

• It is necessary to differentiate between an answer that appears to be an answer but after close examination isn't.

• The period of time between the Suspension Date and the Reversion Date is referred to herein as the “Suspension Period”.

• For purposes of this Agreement, it is not sufficient for the Grantee to encumber the Project funds on its books on or before the Project's Reversion Date or Early Termination Date.

• After any such notice of the occurrence of a Reversion Date, the Trustee shall assume that the Suspended Covenants apply and are in full force and effect.

• The Grantee has independently confirmed that the Project Description, including, but not limited to, the amount and Reversion Date, is consistent with the underlying appropriation in law.

More Definitions of Reversion Date

Reversion Date means, after the Notes have achieved Investment Grade Status, the date, if any, that such Notes shall cease to have such Investment Grade Status.

Reversion Date has the meaning specified in Section 6.12.

Reversion Date means, during any period of time during which the Company and the Restricted Subsidiaries are not subject to Sections 3.2, 3.3, 3.4, 3.5, 3.7, 3.8 and 4.1(a)(3) (collectively, the “Suspended Covenants”) as a result of a Covenant Suspension, the date on which the Notes cease to have Investment Grade Status, and after which date the Suspended Covenants will thereafter be reinstated as if such covenants had never been suspended and such Suspended Covenants will be applicable pursuant to the terms of this Indenture (including in connection with performing any calculation or assessment to determine compliance with the terms of this Indenture).

Reversion Date has the meaning specified in Section 10.14(b).

Reversion Date has the meaning set forth in Article VII.

Reversion Date has the meaning specified in Section 1015.

Reversion Date means the first Determination Date following any -------------- Daily Deposit Date on which the Excess Spread Percentage for the Monthly Period preceding such Determination Date is equal to or exceeds 2.50% per annum.